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Meta released Threads in July that would compete with Elon Musk's X, formerly Twitter. Mark Zuckerberg and Musk have also sparred with each other online, talking about a cage match. In an interview with The Verge, Zuckerberg questioned the direction Musk was taking X. AdvertisementAdvertisementMark Zuckerberg doesn't appear to have too much faith in Elon Musk's handling of Twitter. So it just didn't seem like they were on the trajectory that would maximize their potential," he told The Verge.
Persons: Elon Musk's, Mark Zuckerberg, Zuckerberg, Musk, , Alex Heath, Elon Organizations: Elon, Service, Twitter, Meta
"Demand was far exceeding the supply of GPU capacity that the whole ecosystem could produce," Scott told the Verge's Nilay Patel. Microsoft, like Google and other tech companies, has been quickly adding generative AI to its own products and selling the technology's capabilities to clients. Training and deploying the underlying AI models has mainly relied on Nvidia's GPUs, creating scarcity of supply. Nvidia expects to increase supply each quarter through next year, finance chief Colette Kress told analysts on last month's earnings call. Traffic to ChatGPT has declined month over month for three consecutive months, Similarweb said in a blog post.
Persons: Nilay Patel, Kevin Scott, Scott, OpenAi, we've, Patel, that's, Colette Kress, Similarweb, I'm, Doug Clinton Organizations: The Ritz, Carlton Laguna, Microsoft, Nvidia, Training, Qualcomm, PCs Locations: Dana Point , California, OpenAI
Apple recently announced new FineWoven iPhone cases to replace its leather ones. CNET's Patrick Holland said the FineWoven case has "visible tradeoffs," like a circular imprint left from MagSafe charging after only a week. On Amazon, the black iPhone 15 Pro Max FineWoven case has a 1.3-star rating with nine reviews as of this writing, and the blue iPhone 15 Pro FineWoven case has a 2.6-star rating from seven reviews. AdvertisementAdvertisement"Taking my FineWoven case and wallet back when I pickup the phone on Friday. The FineWoven cases aren't the only new Apple product to leave users underwhelmed.
Persons: aren't, Allison Johnson, Nilay Patel, I've, Carrie Marshall, CNET's Patrick Holland, Max FineWoven, it's, Apple, Apple's MacBooks Organizations: Apple, Service, Lightning Locations: Wall, Silicon
Meta Q2 results top expectations, issues upbeat outlook for Q3
  + stars: | 2023-07-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta Q2 results top expectations, issues upbeat outlook for Q3The Verge's Nilay Patel and Platformer's Casey Newton, join 'TechCheck' to discuss Meta's earnings and how it fairs against its competitors in the social media space.
Persons: Nilay Patel, Platformer's Casey Newton
Last week, Meta launched its latest social media venture, a Twitter alternative called Threads. For social media start-ups, attracting an audience is crucial to scaling a new product — but it can be near impossible to lure loyal users away from other platforms. New Threads accounts can easily migrate their information from Instagram, sharing their account data and username between the platforms. They have this pattern now of either launching or creating spin-off social media networks based on what's most popular at the time, then do it under their brand," Caraballo said. "It just is so dystopian to have one single person basically who oversees the entirety of all social media, at least in the Western world," Caraballo told Insider.
Persons: Mark Zuckerberg, Alexis Ohanian, Ohanian, , Instagram, Sarah Oh, we've, Adam Mosseri, Alex Heath, Elon, Alejandra Caraballo, Harvard Law School's, Caraballo, WhatsApp —, Elon Musk, Meta Organizations: Meta, CBS, Boston Herald, Twitter, Harvard Law, Facebook, Federal Trade Commission Locations: Instagram
Elon Musk and Mark Zuckerberg remain at each others' throats following the launch of Threads. The squabble has ramped up a notch after Twitter threatened to take Meta to court over Threads. It's getting a bit pitiful for Elon Musk and Mark Zuckerberg as their feud continues to escalate, following the launch of Threads. In Musk's case, Twitter CEO Linda Yaccarino should bring a level-headedness that her colleague is clearly lacking. These include hashtags, a "following" feed, and a messaging function, which means Threads is still a skeletal project.
Persons: Elon Musk, Mark Zuckerberg, haven't, Musk, Alex Spiro, Zuckerberg –, Meta, Andy Stone, Sheel Mohnot, Zuckerberg, Zuck, who's, He's, Alex Heath, Linda Yaccarino, Adam Mosseri, Mosseri Organizations: Meta, Twitter, UFC Locations: San Francisco
Instagram's new Twitter-like app, called Threads, is now available for pre-order in the US. The app is expected to officially drop July 6, according to its App Store description. The app, called Threads, is expected to officially drop July 6, according to its App Store description. Over the weekend, several people spotted that the new app was listed on the Google Play app store for Android. The app description currently reads:"Say more with Threads — Instagram's text-based conversation appThreads is where communities come together to discuss everything from the topics you care about today to what'll be trending tomorrow.
Persons: Alessandro Paluzzi, Alex Heath, Chris Cox, Jack Dorsey, Instagram, Sydney Organizations: Instagram, Morning, Google, Android, Twitter, Sydney Bradley Locations: Italian
Now the Threads app has been spotted on the Google Play app store in Europe. After months of rumors, Instagram's Twitter rival may be hitting the app store soon. Over the weekend, several people spotted that a new app called "Threads" was listed on the Google Play app store for Android. A link to the desktop version of the Google Play app store appears to only be available in European countries, such as Italy, France, Spain, and Germany. The Threads app is currently listed on the Google Play app store in European countries.
Persons: Instagram, Alessandro Paluzzi, Alex Heath, Chris Cox, Oprah, Mark Zuckerberg, Adam Mosseri, Eric Wei, We've, Wei, Daniel Morgan, Sydney, Marta Biino Organizations: Instagram, Google, Morning, Twitter, Android, Meta, Synovus, Sydney Bradley Locations: Europe, Italian, Italy, France, Spain, Germany, Meta
It's the cage fight no one asked for. Jiu-jitsu lover Mark Zuckerberg has responded to Elon Musk's offer to fight him. Well, Elon Musk got what he asked for: Mark Zuckerberg is down to fight him. Mark Zuckerberg has a response to Elon Musk's suggestion that they get down and dirty in a cage match: "Send Me Location." When's fight night, Elon?
Persons: Mark Zuckerberg, Elon Musk's, Zuckerberg, Elon Musk, Musk, he'd, Elon, Iska Saric, Alex Heath, Zuckerberg's, When's Locations: Musk's
Mark Zuckerberg criticized Apple's Vision Pro headset at a companywide meeting, The Verge reported. He said that Meta's vision was "fundamentally social," while Apple's vision is "not the one I want." On paper, and even according to early hands-on impressions, Apple's headset looks far superior to Meta's — even if Apple's headset is exorbitantly more expensive. In the Thursday meeting, Zuckerberg said that Apple's headset design didn't have any innovations that Meta hadn't "already explored and thought of." Zuckerberg highlighted that, in the case of the Quest 3, Apple's headset "costs seven times more."
Persons: Mark Zuckerberg, Apple's, Zuckerberg, Apple, Meta, it's, Price, Read Organizations: Meta, Apple
Following the announcement of Apple's Vision Pro headset at its annual Worldwide Developers Conference, some attendees were whisked away in golf carts to a location on the company's campus to try out the new headset. Many noted the device's display screens were impressive (each have a more-than 4K resolution) and its hand-eye scrolling and tapping functions were responsive and worked mostly smoothly. YouTuber Brownlee said the most impressive thing about the headset was the device's internal eye-tracking technology, calling the experience "telepathic." The Verge's Patel was impressed by the device's display, which he said was "easily the highest-resolution VR display I have ever seen," and its "video passthrough" technology — the device's display adjusting to show a person who is talking to you in-person or your surroundings. "The most perfect headset demo reel of all time is still just a headset demo reel — whether Apple's famed developer community can generate a killer app for the Vision Pro is still up in the air," The Verge's Patel wrote.
Persons: YouTuber Marques Brownlee, Nilay Patel, , YouTuber Brownlee, Brownlee, I've, Patel, Robin Roberts, Roberts, Joanna Stern, Stern Organizations: Apple, Developers, Apple's, Developers Conference, Vision
A single piece of advice from an investor helped Airbnb CEO Brian Chesky grow his company from a struggling startup to an industry giant worth roughly $70 billion. That's according to Chesky himself, who told attendees at a recent Stanford Graduate School of Business event that it was "the best piece of advice I ever got." The advice: "Focus on 100 people that love you, rather than getting a million people to kind of like you," Chesky said. It came courtesy of Paul Graham, the co-founder of tech startup accelerator Y Combinator, who advised Airbnb's co-founders — Chesky, Joe Gebbia and Nathan Blecharczyk — to focus on a tiny audience of potential customers as they built their company. For early Airbnb, that meant creating experiences for guests that stood out from staying at a hotel or crashing on a couch.
The Verge's copy of the letter shows a dispute over Microsoft's use of Twitter's API. The lawyer said Microsoft had retrieved over 26 billion tweets in 2022 alone. Elon Musk's lawyer sent a letter to the Microsoft CEO on Thursday accusing the company of misusing Twitter's data, The New York Times first reported. He wrote that Twitter therefore requests an audit of Microsoft's API use, describing all the Twitter content that was retained and how it was used. Microsoft told The New York Times it no longer pays for Twitter's data.
Elon Musk said he's personally paying for several top celebrities' Twitter Blue subscriptions. Billionaire Elon Musk says he's personally paying for several well-known figures to stay on Twitter Blue after they refused to fork up $8 for a monthly subscription. "My Twitter account says I've subscribed to Twitter Blue. James received an email from Twitter offering free verification "on behalf of Elon Musk," the outlet reported. Musk on Wednesday responded to the online discussion of celebrities receiving free verification, saying he is "paying for a few personally" to keep their Twitter Blue subscriptions.
ByteDance posted a profit of ​​$25 billion last year, the Financial Times reported. The TikTok owner increased its bottom line by almost 80% compared with 2021's $14 billion result. Revenues jumped more than 30% to about $85 billion as advertisers increased their spending on TikTok and its Chinese equivalent called Douyin. ByteDance has been threatened with a US TikTok ban by the Biden administration if it doesn't sell the app. ByteDance did not respond to a request for comment from the Financial Times and didn't immediately respond to Insider's request for comment.
A top TikTok lawyer was reportedly asked what the company would do if the app was banned in the US. Several countries banned TikTok on government devices, and India has an outright ban on the app. Australia recently moved to ban TikTok on government devices, a move that the United States, Canada, France, New Zealand, and the United Kingdom previously made. India has had an outright ban on TikTok in place since 2020. Still, experts have said a full TikTok ban in the US is the last possible option for the US.
A Meta VP told staff to "buckle down" and "build great products" for the metaverse, per The Verge. Only one in 10 users reportedly come back to its Horizon metaverse platform after a month. The VP reportedly said he wants the metaverse and VR to be "so obviously successful that my dad stops calling me every week to ask" about it. "And please, let's make the metaverse and VR so obviously successful that my dad stops calling me every week to ask me about it," he reportedly added. But only time will tell if Meta's products will keep users active in the metaverse.
Crawford spent over two years at Twitter, according to her LinkedIn, working on projects like Twitter Blue and Spaces. Insider's Kali Hays first reported in January that 50 people on Twitter's product team were set to be let go. Following the first round of layoffs in November, The Verge reported Crawford told employees at Twitter that mass firings were "required" for Twitter to survive, which distanced herself from her colleagues. Unnamed employees at Twitter acknowledged this prominence in the FT report, saying she and Musk began working closely following the takeover. "She has become a bit of an interpreter between Elon and the product team," one senior staffer told FT.
Elon Musk laid of dozens of staff across engineering and sales departments last week, The Verge reported. The publication said Musk also gave workers a one-week deadline to change Twitter's ad business. The publication said that Musk laid off employees in sales and engineering, marking the third round of major lay offs since Musk took over at the company in November. Since taking Twitter private, Musk has laid off over half of the company's workforce. Ultimately, Musk's plan for Twitter's ad business appears to imitate ad-targeting methods used by Google, which shows users ads tied to keywords they've searched for on the platform.
Meta's CTO told staff the company identified a worker who leaked information, The Verge reported. Lynch, who showed off the leaked designs in his YouTube video, told Insider he does not "normally" pay for leaked information. The YouTuber previously told Command Line that the Meta leaker "might have asked because I wasn't willing to give much money up front." Insider previously reported that an online user found an unreleased Meta VR headset in a hotel room and posted photos and a video of the device on Facebook. Zuckerberg has said Meta and Apple are in "very deep, philosophical competition" when it comes to selling VR headsets and building the metaverse, The Verge reported in July.
In a survey done by US Foods, delivery drivers and customers agree that $4 is a reasonable tip for those delivering food. Tips are more essential than they've ever been, as rideshare delivery drivers get fewer protections and perks than delivery drivers traditionally employed by restaurants. US Foods' data shows that customers, on average, are willing to pay $8.50 total for extra delivery charges, including tips, delivery fees, and service fees. The gig economy made tipping crucialRideshare delivery drivers aren't employees of the company they're driving for. While delivery drivers employed by a specific restaurant may have access to benefits, health insurance, and even help with costs like gas, rideshare delivery drivers don't have access to these things.
Meta CTO Andrew Bosworth told employees in an email that "that adding headcount "makes everything slower," according to The Verge. Reality Labs is the division of Meta that contains its metaverse and virtual reality units. According to Command Line, Bosworth believes Meta's inflated ranks have led to scheduling delays, too. The company also said it expected losses from Reality Labs to grow in 2023, after reporting its financial results for the third quarter of 2022. Read the entire Command Line newsletter here.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIf the FTC is going to sue Meta for Within, they had to stop the Activision deal, says The Verge's PatelNilay Patel, The Verge, joins 'TechCheck' to discuss why he expected the FTC to sue Microsoft over its attempted acquisition of Activision Blizzard, if there's a potential monopoly forming in virtual reality and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTech layoffs are companies cutting back to their core business, says The Verge's PatelNilay Patel, The Verge editor-in-chief and CNBC contributor, joins 'TechCheck' to discuss whether other tech companies will follow 'Elon's razor' strategy by cutting staff headcount but maintaining innovation, the recent spate of layoffs and more.
Twitter has cut holiday pay for contractors from Thanksgiving onwards, per a Platformer reporter. The measure will start during Thanksgiving, according to Schiffer. The Verge's Alex Heath said on Thursday that some Twitter engineers received an email on Wednesday evening, saying they were fired because their "code is not satisfactory." Twitter didn't immediately respond to Insider's request for comment made outside of normal US operating hours about the company reportedly cutting contractors' holiday pay and firing some engineers. Twitter said on Monday in a company email viewed by Insider's Kali Hays that it was facing "a challenging economic climate where greater attention to cost management is essential."
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